Tomorrow the room will be closed for our members only qtrly private event. Invitations will be sent to those members at the usual time. Indices hit balance line support near the close. The afternoon sell off was led by a … Continue reading →

It’s Wednesday and I’m looking at trimming a little Silver and Platinum. Silver denominated in Yuan is at a big level from the 2008 high to the 2020 low. Gold /Silver has room o 6440 ish, the 50 Yr. average, … Continue reading →

Should be a busy morning with the data releases. Since this is the first spat in a while I can wait out the initial reactions. 30 yr. Bond ran price early yesterday and I would expect that to be the … Continue reading →

Silver and Gold are back at the top of value on the PNF’s. March is now front month in the Indices and FX. Class members should know what to do this week. Friday the Room will be closed for the … Continue reading →

Finally got the 6825 print last night. Follow the Wednesday rules of not chasing direction on an extreme close. The smelly charts at days end were the risk spreads showing ORH’s at near or ATH’s screaming do not chase. I’ve … Continue reading →

It’s Wednesday with a volatility event! Data Matters!!!!!! All you need to do is look at the cash Spoo/Silver chart vs the Futures. Only a few will see the 200 Qtr screw line on the cash chart!! Whether the Metals … Continue reading →

It’s all about tomorrow afternoon. Silver requires a 59.50 print on the PNF. Platinum has room today to 1700. Gold is consolidating in a $ 100 range. Silver Miners held momentum yesterday. Use a 75 dollar alert for today. Silver/Spoo … Continue reading →

No selling Bond weakness! As far as the rest of the markets there is no change in major levels.

Spoos have taken two weeks to finally print into the upper 80’s. Not interested. The Long end of the curve is rolling over with yields now above its 200 DMA, however you will need confirmation above weekly momentum @ 4.81. … Continue reading →

Full Moon just after NYSE close. Is today a low or was yesterday a high for the metals? Waiting to see how the metals against the Equity spreads play out. They’re currently flirting with a massive qtrly Fib level which … Continue reading →